Business For Sale Guinea | Business For Sale Listings
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Get to Know About Guinea
Guinea is a developing country situated in West Africa. The nation is rich in natural resources. Thus, mining and agriculture are the backbones of Guinea’s economy. Guinea is one of the leading producers of Bauxite in the world. Other sectors that are growing are agriculture and also the fishing industry.
A large number of the population of Guinea is employed in the agriculture industry. There has also been a growth in the volume of fruits and vegetables produced in Guinea like apples, pears, bananas, cucumber and many more. Tourism is another industry that is flourishing. Well, because of the scenic landscape which includes waterfalls, Guinea is a beautiful place.
Investment in Guinea has good prospects especially in the tourism industry which has great potential for growth. Investors wanting to start businesses here can avail of the tax benefits offered by the government. With the aid of international organizations, reforms and development of infrastructure are being planned. There is also the potential for growth of hydro projects. Hence, it is a good choice for doing business in Guinea.
Challenges are plenty of political instability with occasional incidents of violence. There is also the danger of terrorism along with an increased crime rate. Corruption is also a major issue in public sector departments.